@Nick Alvarez@Anthony Chara  market is over heated here on Multi.. especially close in.most trade at 4.5 to 5 caps so a 6.5 cap would be somewhat adjusted for the deferred maintenance..  

But they like other things such as restaurants, bars, gyms, yoga studios, and coffee shops. 

Tenants pay water/sewer/electric/heat. 

My name is Alex, I just put in my two weeks notice at my job in politics that I've held for the past 5 1/2 years in hopes of following my passion in teaching yoga & Pilates and to figure out a way to live a way of life outside of "the grind."

Tenants crank the heat up in the winter and then open a window to cool down...

Everything major in the house works, heating, plumbing... 

A home without an operable/sufficient heat source in the winter is considered uninhabitable. 

Please review and let me know your thoughts.The 3,804 (heated) SF home was taken for back taxes and the government selling at auction soon.

This tells me that submetering might drive all tenants out (almost all units on the rent roll are $25-125 below average rents, including the competition) and that even if I underprice the competition by $25-$40 or so, I'll likely loose to them (as the winter heating bill will easily eat that up. 

I love yoga and travel and am open to taking on special assignments both domestically and internationally.I love talking with passionate, like-minded people, so if you want to talk real estate, notes, engineering, yoga, or travel, then feel free to reach out to me.